Business

 HDFC Bank reported a record quarterly net profit of Rs 5,885 crore on Saturday, meeting market expectations as the country's biggest lender by market value raked in higher interest and fee income.

The bank also said its board had approved raising up to Rs

The UIDAI or Unique Identification Authority of India offers a variety of online services to Aadhaar holders. The UIDAI is the issuer of 12-digit personal identification number under the Aadhaar programme, and also the issuer of Aadhaar cards. Through its “self-service portal”, uidai.gov.in, the UIDAI enables users to apply for a change in the addr

SBI or State Bank of India offers a range of savings accounts to retail customers. While SBI has set certain rules for its regular savings accounts - wherein the account holder is required to maintain an average monthly balance to the tune of Rs

Employees of Jet Airways have written to President Ram Nath Kovind and Prime Minister Narendra Modi seeking their intervention to recover outstanding dues as well as to expedite the process of emergency funds for the airline, which has shuttered its operations

Indian Railways operates a premium service under its Shatabdi Express series of trains, which connect a range of major Indian cities. Also known as Shatabdi trains, these trains are operated between shorter distances compared to Rajdhani Express trains.

A day after Jet Airways suspended all flights, the government on Thursday asked domestic airlines to advance their aircraft induction plans for capacity augmentation and to keep air fares in check.

Apart from fleet induction, the Ministry of Civil Aviation has formed a committee comprising airport operators, the Airport Authority of

SBI or State Bank of India offers the facility of electronic money transfer for its customers. NEFT (National Electronic Funds Transfer), one such payment service, works on a deferred net settlement basis, wherein transactions are lined up and settled in

Lenders are exploring ways to utilise about 15 planes owned by Jet Airways and discussing with authorities on protecting the valuable assets, including airport slots, of the grounded airline, banking sources said.

As they wait for completion of the bidding process for stake sale, the domestic lenders, led by State Bank of India (SBI),

Efforts are on to formulate a plan to minimise passenger inconvenience in view of Jet Airways crisis, said Civil Aviation Secretary Pradeep Singh Kharola here on Thursday.

Mr Kharola, who held a high-level meeting with the officials of Airports Authority of India

Reliance Industries denied involvement in any arrangements that lead to cash payments for oil supplies to Venezuelan state oil company PDVSA via third parties, and said it is not in violation of any US sanctions, according to a statement from country's giant oil refining company on Saturday.

Venezuela's President Nicolas Maduro is funneling

India Post or Department of Posts, which runs postal services in the country, offers nine types of small saving schemes. These include regular savings account, 5-year recurring deposit, time deposit (TD) account, Monthly Income Scheme (MIS) account, Senior Citizen Savings Scheme

Recurring Deposit (RD) is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Unlike a fixed deposit (FD) account, in which a lump-sum amount is locked in for a defined period against a fixed

IRCTC or Indian Railway Catering and Tourism Corporation offers a quota of 'Premium Tatkal' for online ticket bookings on its official website- irctc.co.in and mobile app. 'Premium Tatkal' quota has a dynamic fare pricing structure, which means that the fare

Gold prices on Friday advanced by Rs 305 to Rs 32,690 per 10 gram in the national capital, reported Press Trust of India (PTI) quoting All India Sarafa Association. Increased buying by local jewelers led to the rise in gold prices, analysts were quoted as saying in the PTI report.

Air India will offer "special" fares to Jet Airways passengers stranded at international stations, informed sources told IANS on Thursday.

Jet Airways had on Wednesday said that it was forced to stop all operations as it failed to secure

With thousands of Jet employees out of work as Jet Airways temporarily halted its operations, its rival SpiceJet today said that it is hiring pilots, cabin crew, technical and airport staff. SpiceJet is giving jobs to pilots, cabin crew, technical and airport

Section 80C of the Income Tax Act offers deduction of up to Rs 1.5 lakh from taxable income in a year. A variety of investments, such as premium paid towards life insurance and contribution to a Public Provident Fund (PPF) Account, are eligible

The officers and employees union of the grounded Jet Airways on Thursday sought government intervention to avert a Kingfisher-like collapse of the carrier, which could not take off after halting operations temporarily in October 2012. Alleging some "motives" behind the series of developments at the carrier, which eventually forced it to shutter

Jet Airways is offering refund to all passengers affected by the temporary suspension of its flight operations. The airline has assured that their customer support teams are working 24x7 to ensure that guests are provided with a full refund. "Due to

The Directorate General of Anti-Profiteering (DGAP) has served a notice on technology major Samsung India for allegedly not passing on the benefits of GST reduction to its customers and in turn making undue profits, sources said.

The notice, sources said, was

Country's interest rate setting panel expressed concerns over a slowing economy, according to minutes of its latest monetary policy meeting released on Thursday, even as a few said they feared a bounce-back in inflation.

Most of the six-member Monetary Policy Committee (MPC) agreed on the

Embattled liquor tycoon Vijay Mallya once again used social media to reiterate his offer to pay back the debt owed to public sector banks in India, targeting this time the State Bank of India (SBI) for allegedly wasting Indian taxpayers' money on expensive legal

SpiceJet on Thursday announced the introduction of 24 new flights on its domestic network. The daily direct flights introduced by the airline will be operated to connect Mumbai and Delhi with other cities, according to the private sector airline. The flights from D

Reliance Jio Infocomm, the telecom arm of Reliance Industries, posted a standalone net profit of Rs 840 crore in January-March quarter, led by sustained subscriber growth and industry leading customer engagement, the company said in a statement on Thursday. That marked a 65 per

Indian Railway Catering and Tourism Corporation (IRCTC), the official ticketing and tourism arm of the Indian Railways offers tourism packages for holiday goers. IRCTC's Dakshin Bharat Yatra (IRCTC Dakshin Bharat Darshan) under its Bharat Darshan Special

Mobile app Umang (Unified Mobile Application for New-age Governance) allows citizens to access a range of online government services, including facilities offered by central as well as state government bodies. Mobile app Umang enables subscribers to avail provident fund (PF)

Reliance Industries (RIL), the oil-to-telecom conglomerate promoted by Mukesh Ambani, on Thursday reported a record net profit of Rs 10,362 crore for the quarter ended March 31, 2019, surpassing expectations of analysts helped by strong growth in its retail businesses. This is the

Lenders will cite one day default clause under Insolvency and Bankruptcy Code (IBC) to defend their action against erring promoters taken to insolvency under the now defunct February 12, 2018 circular of the Reserve Bank of India (RBI).

Sources said promoters of about half a dozen stressed power entities referred to National Company Law

Domestic financial markets will remain closed today for the Good Friday holiday. The capital and money markets will resume on Monday. On Thursday, the equity markets snapped a four-day winning run, and the rupee ended higher against the dollar after losses than extended to three sessions in a row. The markets - capital as well as forex - also

The Bombay High Court on Thursday refused to intervene in the Jet Airways crisis, saying it cannot direct the government and the Reserve Bank of India to rescue a "sick company". A bench of Chief Justice Pradeep Nandrajog and Justice N M Jamdar dismissed a writ petition seeking the government and the central bank be asked to direct the